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SIDBI MSE GIFT Scheme Tenure Ends, No Fresh Loan Sanctions Now
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The tenure of SIDBI MSE GIFT Scheme has completed on 31 March 2026. Now no more loans will be sanctioned under this scheme.
The MSE Green Investment and Financing for Transformation (MSE-GIFT) scheme, implemented by SIDBI, provides concessional loans to MSMEs for adopting green technologies. It offers a 2% per annum interest subvention on loans up to ₹2 crore for up to 5 years, along with risk-sharing support to encourage sustainable practices.
Key Aspects of the MSE-GIFT Scheme:
- Objective: To encourage MSMEs to adopt eco-friendly practices, renewable energy, waste management, and energy-efficient technologies.
- Benefits:
- Interest Subvention: 2% per annum reduction on interest rates.
- Loan Limit: Up to ₹2 crore for Term Loan.
- Maximum Period: 5 years.
- Risk Sharing: Credit guarantee support to participating Member Lending Institutions (MLIs).
- Eligibility: Micro and Small Enterprises (MSEs) registered with the Udyam Registration portal.
- Eligible Activities: Solar power projects, wind energy, energy-efficient machinery, green buildings, and waste management systems.
- Implementation: SIDBI is the primary implementing agency, with funds allocated for interest subvention, risk sharing, and awareness.
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